Trade Finance Senior Specalist

At BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application!

What You Can Expect At BBH:

If you join BBH you will find a collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, take on new challenges, and reinvent yourself-without leaving the firm. We encourage a culture of inclusion that values each employee's unique perspective. We provide a high-quality benefits program emphasizing good health, financial security, and peace of mind. Ultimately we want you to have rewarding work with the flexibility to enjoy personal and family experiences at every career stage. Our BBH Cares program offers volunteer opportunities to give back to your community and help transform the lives of others.

Join us as a Trade Finance Senior Specialist

The Trade Finance Senior Specialist within the PB Credit Administration team is responsible for processing Commercial and Standby Letters of Credit, as well as Documentary Collections, with a particular focus on reporting, and review of transactions for potential red flags and suspicious activity. The role also requires good communication skills with both internal and external clients.

Key Responsibilities Include:

Transaction Processing & Conflict Resolution

• Resolve problems and execute more complex transactions such as Commercial Letters of Credit, Standby Letters of Credit and Bank Guarantees under approved Credit facilities as well as Documentary Collections
• Review and approve transactions processed in accordance with ICC Rules and with BBHs Credit and Compliance Policies
• Interact with other BBH departments on resolution of issues and follow up on open inquiries
• Intraday and end of day reconciliation of daily work.

Client Relations

• Provide superior client service by answering client inquiries and assisting clients with technical issues.
• Ensure timely response to internal/external requests and ensure all deadlines and requirements are being met
• Build and maintain relationships at all levels both within and outside the organization.

Other

• Assist team with high level projects
• Actively participate in process improvement to increase team productivity and efficiency
• Assist in the development and production of monthly management reporting

Qualifications:

• BS/BA degree or equivalent work experience.
• 5 years of Trade Finance experience.
• Knowledge of one or more product areas within Operations and its process.
• Intermediate to Advanced knowledge of ICC Rules such as: International Standard Banking Practice for the Examination of Documents under Documentary Credits ("ISBP"), Uniform Customs and Practices for Documentary Credits ("UCP"), International Standby Practices ("ISP"), Uniform Rules for Collections ("URC") and Incoterms
• Knowledge of the BankTrade system is a plus
• Certified Documentary Credit Specialist ("CDCS") not required but is a plus
• Research, analysis and problem resolution skills.
• Ability to communicate professionally with all levels through effective verbal and written skills.
• Organizational skills and detail-oriented.
• Ability to multi-task while meeting deadlines in a fast paced environment
• Ability to work in a team environment.
• Proactive self starter who is detail and goal oriented.

This role is based in our New York City location and is a hybrid role, with three days per week in office.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.

Salary Range

$75,000 - $85,000 base salary + annual bonus

BBH's compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck-providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.